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$505,500
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Property Description
Quadplex Opportunity in Newton, NC - Fully Rented! Fantastic investment opportunity with this well-maintained quadplex in Newton, NC. Each unit offers 2 bedrooms and 1.5 bathrooms, providing an ideal layout for tenants. Several units feature new flooring, and some have been recently painted, giving parts of the property a fresh, updated feel. The building features a durable brick exterior on the lower level and low-maintenance vinyl siding on the upper level. All four units are currently rented at $1,000 per month each, with strong rental history and professional management already in place through Must Have Real Estate. Additional highlights include: "¢ Ample parking for tenants "¢ Great location convenient to local amenities "¢ Solid construction with upside potential "¢ Opportunity to raise rents for increased cash flow Whether you're a seasoned investor or just starting your portfolio, this fully occupied quadplex offers immediate income with room for future growth.
Full Property Details
Full Property Details for 230 Park Ln
General
- Sold For: $505,500
- Status: Closed
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4250486
- Added to Site: 296 day(s) ago
Interior
- Appliances: Dishwasher, Oven, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 4
- Half Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Laundry Closet
Parking
- Parking Features: Parking Space(s)
Location
- County: Catawba
School Information
- Elementary School: South Newton
- Middle School: Newton Conover
- High School: Newton Conover
Community
- Pets Allowed: Yes
- Pets: Yes
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Brick Partial, Vinyl
- Square Feet: 2,145
- Year Built: 1973
Lot Features
- Street/Road Desc.: Concrete, Paved
Disclosures and Reports
- Special Conditions: Undisclosed, None
- Property ID: 363912978450
- Lot Number: 3850/1111
Listed by EXP Realty LLC Mooresville
Sold by Geena Fie
Get Pre-Approved Today
Schools
Schools serving 230 Park Ln
School District:Newton-Conover City Schools
| Name | Grades | Distance |
|---|---|---|
South Newton Elementary 306 West I Street, Newton, NC 28658 | K-5 | 0.7 mi |
Newton-Conover Middle 873 Northern Drive Northwest, Conover, NC 28613 | 6-8 | 5.9 mi |
Newton-Conover High 338 West 15th Street, Newton, NC 28658 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 230 Park Ln
Date
Details
Price
Change
Source
10/31/2025
Sold
$505,500
-6.37%
MLS
7/16/2025
Price Reduced
$539,900
-1.82%
MLS
6/30/2025
Price Reduced
$549,900
-1.79%
MLS
4/28/2025
Listed
$559,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
230 Park Lane, Newton, NC 28658 (MLS# 4250486) is a Single Family property that was sold at $505,500 on October 31, 2025. Want to learn more about 230 Park Lane? Do you have questions about finding other Single Family real estate for sale in Newton? You can browse all Newton real estate or contact a Coldwell Banker agent to request more information.

